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http://www.bizjournals.com/portland/stories/2010/07/05/daily39.html

Oregon's university leaders on Friday approved a measure that would give colleges a presence in a new Oregon Health & Science University complex.
The Oregon University System board -- which oversees the state's seven public colleges and universities -- agreed Friday to allow the universities to enter a long-term tenancy with OHSU for the $160 million-plus Life Sciences Complex. The project will be built in Portland's South Waterfront district.
The complex will include educational and research facilities for biosciences and medical, dental, pharmacy, nursing and other health sciences. Oregon State University and Portland State University will hold programs in the center.
The complex will also house private-sector organizations such as the Oregon Translational Research and Drug Development Institute and the Oregon Biosciences Alliance
OUS and OHSU are funding the project.
OUS's board authorized a steering committee to reach agreements with TriMet for further development of site transit access, as well as seek contracts for design and construction.

Read more: College board backs OHSU complex plan - Portland Business Journal